Privacy Blog

“By continuing the process of inflation, governments can confiscate secretly and unobserved an important part of the wealth of their citizens.” – John Maynard Keynes, writing about the effects of a seemingly small amount of inflation every year.

Bank Fraud

Life Savings Have Been Stolen from TSB Bank (in the United Kingdom) Accounts

Life savings have been stolen from TSB accounts by fraudsters “exploiting” the bank’s multiple IT problems, with 1,300 people losing money. The introduction of a new IT system in April left customers struggling to make transactions and see their balances. Apparently, fraudsters didn’t have much problem accessing the accounts. The bank said it would compensate customers in full for any fraud they suffered. You can read more in an article […]

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